The country's fixed telecommunications operator, TelOne, says it is failing to complete the digitalisation of its exchange centre in Gweru due to failure by its customers to settle debts. TelOne is ow...
Telecommunications giant Econet Wireless Zimbabwe says its next stop for fourth generation 4GE Long-Term Evolution (LTE) network will be Beatrice.Group chief executive officer Douglas Mboweni said aft...
The State Procurement Board has come under fire from losing bidders of a $2 million security tender for allegedly awarding the tender to two companies owned by one person.Trust Me Security and Tragic ...
Old Mutual Zimbabwe reported improved profitability for FY2013 as the insurer's adjusted operating profit for the year ended December 31 2013 went up by 7 percent to $64 million while its IFRS profit ...
The Grain Marketing Board has witnessed a continual decline in maize intake over the past five years as farmers opted to sell their grain to private buyers due to delays by the company in making paym...
The National Social Security Authority (Nssa) has said it is in the process of acquiring a specialised mobile clinic vehicle to screen workers working in areas that expose them to risks of contracting...
The United Arab Emirates is willing to invest in agriculture projects in the country to contribute to the revival of the economy and ensure food security.Dubai based Mondore General Trading LLC execut...
Latest statistics from the Tobacco Industry and Marketing Board (TIMB) indicate that more than 24 million kilogrammes worth $93, 1 million of flue cured tobacco have been exported at an average price ...
Old Mutual Zimbabwe group deputy CEO Zomunoda Chizura told analysts yesterday that the group will focus on leveraging on strong capital base, solid governance and risk management systems to grow busin...
ZIMBABWE Stock Exchange-listed Colcom Holdings is targeting 100% capacity utilisation following its decision to move into the lucrative Angolan market, a company official has said.Speaking at the Zimb...
Air Zimbabwe must consider introducing flights to East Africa, particularly South Sudan, and make the most of the potential that exists in the region, the country's trading facilitation body.According...
The government has assumed responsibility of resuscitating Kwekwe refractory gold roasting plant with a view to realise $140 million from extracting gold trapped in dumps at the plant, a senior govern...
The Mhondoro-Ngezi-Chegutu-Zvimba Community Share Ownership Trust and platinum giants Zimplats will soon approach government to formalise and complete legal instruments of the transfer of shares to th...
TETRAD Investment Bank's movable property face the hammer after the Deputy Sheriff attached its assets to recover nearly $500 000 which Bindura University of Science and Education had invested with th...
Technology has opened unprecedented opportunities and added convenience to millions around the world.Due to these advancement adopted by our mobile service providers it is now possible to pay for util...
ZIMBABWE'S diamond revenues may rise 47 percent this year, indicating the country could have been "fleeced" from its previous diamond sales, a research report has said.Diamond revenues were also lower...
THE Industrial Development Corporation has shortlisted a South African company to buy its 49 percent stake in struggling Zimbabwe Grain Bag.IDC has been seeking an investor to take over its stake in t...
THE Government will clear gold bonds owed by the Reserve Bank of Zimbabwe to bullion producers as part of efforts to clean the central bank's balance sheet, Finance and Economic Development Permanent ...
RIO Tinto, the world second largest miner said production at its Zimbabwe's diamond unit, Murowa fell 12 percent in the quarter to March 2014 due to lower ore grades and the excessive rains."Murowa re...
Air Zimbabwe (AirZim) is struggling to break even on its Harare-Johannesburg-Harare route amid disclosures that one flight on March 29 had less than 30 passengers aboard.The airline was using a B767-2...
Chitungwiza based textile manufacturer, Modzone Enterprises, closed shop in 2012 after its Iranian shareholders stopped investing in the firm as they were not recouping anything from the venture, an o...
The mothballed Willowvale Mazda Motor Industries is in a functional state and can start operating as soon as Government puts in place an effective local procurement policy for the motor industry, an o...
Loan sharks and money lending firms are feasting on desperate pensioners seeking short term loans for personal use and capital projects by charging exorbitant interest charges of up to 40% per month, ...
Zimre Holdings Ltd is considering offloading its stake in Malawi-based United General Insurance Company (UGI), to its subsidiary NicozDiamond. Sources close to the deal said it was only logical to sel...
The ostrich industry in Zimbabwe has virtually collapsed with the few birds left found in private wildlife parks while the association of producers has also folded, leaving farmers without a represen...